Home / Knowledge / News / Textiles / PX, PTA & MEG prices slide in Asian markets
PX, PTA & MEG prices slide in Asian markets
22
Feb '13
Paraxylene (PX) prices declined in Asian markets. In S E Asian region, PX prices went down and were quoted in the range of US$ 1695/ton to US$ 1700/ton. In F E Asian market, PX prices were quoted at US$ 1675/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1710/ton to US$ 1715/ton.
 
PTA prices went down in the Asian region. In S E Asian market, PTA prices plunged and were assessed in the range of US$ 1165/ton to US$ 1170/ton. In F E Asian market, PTA prices were offered at US$ 1175/ton. Prices of PTA imported from Taiwanese market declined and were offered in the range of US$ 1185/ton to US$ 1190/ton. In the Chinese domestic market, PTA prices stayed stable and were quoted in the range of RMB 8550/ton to RMB 8600/ton.
 
Ethylene prices remained stable in Asian markets. In S E Asian market, Ethylene prices were steady and were offered in the range of US$ 1425/ton to US$ 1430/ton. In F E Asian region, Ethylene prices were stable at US$ 1370/ton. In the US market, Ethylene prices increased and were offered in the range of 62.00 cents/pound to 62.50 cents/pound. Ethylene prices increased in the European international and domestic markets, and were quoted at US$ 1525/ton and € 1165/ton, respectively.      
 
MEG prices decreased in Asia. In S E Asian region, MEG prices were offered at US$ 1150/ton. In China market, MEG prices declined and were offered in the range of US$ 1165/ton to US$ 1170/ton. In the Chinese domestic market, MEG prices kept unchanged and were quoted in the range of RMB 8500/ton to RMB 8550/ton.
 
In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1570/ton to US$ 1600/ton and some deals were discussed in the range of US$ 1560/ton to US$ 1590/ton. In F E Asian market, selling offers were between US$ 1550/ton to US$ 1580/ton. In the Chinese market, BG PET Chips prices were stable at RMB 11500/ton.
 
In Korean market, FG PET Chips prices were steady in the range of US$ 1410/ton to US$ 1430/ton. In Indian market, FOB based prices were offered in the range of US$ 1420/ton to US$ 1460/ton. In the Chinese market, FG PET Chips prices were steady in the range of RMB 10900/ton to RMB 10950/ton.
 
PSF prices increased in Asian markets. In F E Asian market, PSF prices were offered at US$ 1695/ton. In S E Asian market, PSF selling prices were quoted at US$ 1595/ton. In the Chinese domestic market, PSF prices remained stable and were quoted in the range of RMB 11625/ton to RMB 11675/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices maintained steady trend and were quoted at RMB 11650/ton, RMB 13000/ton, and RMB 12075/ton, respectively. In export market, offers for POY, DTY, and FDY were stable at US$ 1605/ton, US$ 1785/ton, and US$ 1655/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

OECD urges UK for close EU ties to meet Brexit challenges

Textiles | On 24th Oct 2017

OECD urges UK for close EU ties to meet Brexit challenges

The British economy has weakened following the decision to leave the...

Accord, Alliance to leave Bangladesh in 2018

Apparel/Garments | On 24th Oct 2017

Accord, Alliance to leave Bangladesh in 2018

Accord and Alliance, the two western buyers' platforms working to...

Gujarat govt announces bonus for cotton farmers

Textiles | On 24th Oct 2017

Gujarat govt announces bonus for cotton farmers

The Gujarat government has announced a bonus of Rs 100 per 20 kg for...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.1%
No
12.7%
Skip
11.3%

Total Votes: 71

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
28.2%
Skip
9.9%

Total Votes: 71

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.9%
No
9.9%
Skip
4.2%

Total Votes: 71

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
76.1%
No
11.3%
Skip
12.7%

Total Votes: 71


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search